If you’ve been looking for a second home, vacation home, or pied a terre—you might have encountered an emerging trend called “fractional home ownership.” At an initial glance, it feels a bit like Timeshares 2.0—but it’s a different concept entirely. “Fractional home ownership is a real estate model where multiple individuals or entities collectively own
Receive free Media updates We’ll send you a myFT Daily Digest email rounding up the latest Media news every morning. British newspaper groups have attacked Meta’s decision to scrap the Facebook News service and axe funding for local journalism in a hard-hitting letter warning about the move’s impact on democracy and society. In a letter
A technical analysis tool called Bollinger Bands uses price volatility to provide probable entry and exit opportunities in trading. They are made up of two outer bands or lines and a centerline (the simple moving average for a 20-day period), which enlarges and contracts in response to changes in price. For thorough market analysis, they
Blockchain intelligence platform Arkham recently identified that crypto exchange Coinbase holds almost 1 million Bitcoin (BTC) in its wallets. The coins are worth more than $25 billion at current market prices for BTC. According to Arkham, the exchange’s holdings amount to almost 5% of all existing Bitcoin. Arkham said that Coinbase holds a total of 947,755
Receive free War in Ukraine updates We’ll send you a myFT Daily Digest email rounding up the latest War in Ukraine news every morning. US president Joe Biden has decided to send American long-range missiles known as ATACMS to Ukraine after months of deliberations over whether to provide Kyiv with the munitions, according to people
Bitmain rolled out its next generation Antminer S21 and S21 Hydro ASIC miners at the World Digital Mining Summit in Hong Kong on Sept 22, revealing the crucial performance stats that the entire industry has been waiting for. The S21 has a hasrate at 200 TH/s and an efficiency at 17.5 J/T while the S21
Receive free Climate change updates We’ll send you a myFT Daily Digest email rounding up the latest Climate change news every morning. Prime Minister Rishi Sunak this week announced an overhaul of the policies designed to help the UK meet its legally binding target of cutting its carbon emissions to net zero by 2050. The
S&P Global Ratings said Friday it revised Pennsylvania’s credit outlook to positive from stable. At the same time, S&P affirmed its A-plus long-term rating on the state’s $10.7 billion of outstanding general obligation bonds. S&P said the outlook reflects “our view that Pennsylvania has continued to make progress toward structural budgetary balance, with positive operating
Receive free Markets updates We’ll send you a myFT Daily Digest email rounding up the latest Markets news every morning. Wall Street stocks recovered on Friday after a week in which equities have been buffeted by rising oil prices and growing expectations that interest rates will stay higher for longer. Wall Street’s benchmark S&P 500
Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Chancellor Jeremy Hunt is planning the biggest shake-up to Individual Savings Accounts in years to persuade more people to take advantage of the tax-free vehicles and use them to back London-listed companies. UK
Munis were weaker Friday ahead of a larger new-issue calendar. U.S. Treasuries saw yields fall, and equities ended the trading session up. The two-year muni-to-Treasury ratio Friday was at 66%, the three-year was at 67%, the five-year at 68%, the 10-year at 71% and the 30-year at 90%, according to Refinitiv MMD’s 3 p.m. read.
In 2005, a frustrated 33-year-old Lachlan Murdoch met his father for lunch in Los Angeles to deliver an unwelcome message: after 11 years working at News Corp, he had had enough. Other senior executives were not treating him with respect and, worse, Rupert Murdoch often seemed to side with them. Rupert offered to make changes,
Receive free The Long View updates We’ll send you a myFT Daily Digest email rounding up the latest The Long View news every morning. The pearl-clutching induced by the Bank of England opting to keep interest rates on hold this week was rather twee. In June, the BoE had bumped up the benchmark rate by
Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Prime minister Rishi Sunak is considering imposing a complete ban on smoking for the next generation in what would amount to some of the strictest measures to tackle the health problem anywhere in
Receive free Russian economy updates We’ll send you a myFT Daily Digest email rounding up the latest Russian economy news every morning. Russia plans to increase state spending in 2024 by more than 25 per cent compared with this year amid expectations the Kremlin will drastically raise cash for president Vladimir Putin’s invasion of Ukraine. The
Rishi Sunak has long held concerns about the cost of hitting net zero, his allies insist, but some close to the UK prime minister say the seeds of this week’s dramatic green pivot can be traced to a single date: July 20. That was the day of the Uxbridge by-election, when the Conservatives clinched a
On September 10, Narendra Modi led Joe Biden, Rishi Sunak, Justin Trudeau and other world leaders on a morning wreath-laying visit to Rajghat, a New Delhi memorial to India’s slain independence hero Mahatma Gandhi. The spectacle, on day two of the G20 summit, of the Indian prime minister leading the world’s most powerful people, either
Google Cloud’s BigQuery service just added 11 blockchains networks to its data warehouse, according to a September 21 blog post. The new networks include Avalanche, Arbitrum, Cronos, Ethereum Görli testnet, Fantom, Near, Optimism, Polkadot, Polygon mainnet, Polygon Mumbai testnet, and Tron. We’re enhancing our #blockchain data offering with 11 new chains in #BigQuery, and we’re
We are buying 50 shares of Stanley Black & Decker (SWK) at roughly $83.75 each. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 625 shares of SWK, increasing its weighting in the portfolio to 1.87% from 1.72%. It’s been a painful stretch for stocks lately, and there’s a ton of doom and gloom out
Bondholders may have actionable claims related to the sale of now-defaulted debt that financed an Arizona participant sports venue for Legacy Cares Inc., which filed for bankruptcy in May, according to a disclosure notice. Law firm Davis & Ceriani “has concluded that there may be actionable claims related to the sale of the bonds that
Legislation that would update Internal Revenue Service rules governing debt financing for small to mid-sized manufacturers and farmers is getting a fresh push in the Senate. The Modernizing Agricultural and Manufacturing Bonds Act is sponsored by Sens. Sherrod Brown, D-Ohio, and Joni Ernst, R-Iowa. “By modernizing and clarifying the rules for aggie bonds and industrial development